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Gold sellers seem to have taken over at the moment. It is probably the fear that the Fed will continue to raise interest rates for longer and that the hoped-for interest rate cuts will be a long time coming, which is currently driving investors more to sell gold. But even if the sell-off in the precious metal continues for a bit longer, this will not change the good long-term performance. Everyone should have gold, because it serves as a hedge. Times that are not so good for precious metals in t
The gold price recently reached an eight-month high. There could be even more potential in the precious metal. Uncertainties on the financial markets persist. Central banks want to bring inflation rates down. This poses the risk of a recession. Chart technicians see gold in a solid position, while there is still upside potential in the short term. When the old all-time high of the gold price of 2,078.80 U.S. dollars per ounce could be broken, there is eager discussion. The milder course of the F